PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1284069
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1284069
Online Trading Platform Market Forecasts to 2028 - Global Analysis By Interface Type, Component, Type, Deployment Mode, End User and By Geography
According to Stratistics MRC, the Global Online Trading Platform Market is accounted for $9.32 billion in 2022 and is expected to reach $15.12 billion by 2028 growing at a CAGR of 8.4% during the forecast period. A trading platform is a software system that allows people to trade securities. It enables investors to open, liquidate, and maintain market positions online by utilising a financial intermediary, such as an online broker. Brokers typically provide online trading platforms for free or at a discount in return for keeping a funded account and/or performing a certain number of transactions per month. The finest trading platforms combine powerful functionality with affordable costs. Online trading offers several advantages, including its simplicity and ease of access from anywhere. It also saves time, is less expensive, and allows you to trade with little to no direct broker connection.
According to Select USA, the US financial markets are the biggest and most liquid in the world. Sentient Technologies, an AI startup-based company in the US, runs a hedge fund with an algorithm that analyzes millions of data points to identify trade patterns and predict trends.
Market Dynamics:
Driver:
Chatbot integration with trading platforms
One of the rising trends for the expansion of the online trading market size is the integration of AI-based chatbot services with electronic trading platform solutions. Chatbots provide consumers with features such as general FAQs, as well as increased access to real-time estimates, account reports, information regarding trader notifications, and market forecasts. Online trading systems based on AI chatbots provide consumers with personalised information via one-on-one communication channels and aid in the analysis of traders' and users' critical data points. Chatbots can also begin and close online trade. Key market players intend to build advanced online trading platforms based on AI chatbots which drives the market.
Restraint:
Strict rules and regulations
Government regulations, international regulatory bodies, self-regulatory organisations, and multiple exchanges heavily control online trading software enterprises. Vendors must adhere to regulatory and compliance requirements. Similarly, in order to conduct customer activities, these vendors must follow certain rules imposed by primary regulators. As a result, failure to do so may result in fines for the seller. The lack of understanding about solutions in emerging countries may stymie the expansion of the online trading platform industry in the near future.
Opportunity:
Powered by artificial intelligence
The future of internet trading platforms is predicted to be transformed by artificial intelligence (AI). Companies are incorporating artificial intelligence (AI) into their trading systems in the form of robo-advisors. The technology also allows analysts to research the market with great accuracy and assists trading organisations in effectively mitigating risks in order to give larger profits. Furthermore, customers may track millions of trade data pointers and carry out processes at the lowest possible cost using the online trading platform integrated with AI technology. Additionally, the technology enables analysts to conduct highly accurate market research and aids trading organisations in effectively reducing risks in order to provide higher returns.
Threat:
Market monitoring is required
Market abuse surveillance, also known as trade surveillance, is collecting trade data and then analysing and monitoring it in order to detect possible market abuse as well as other types of financial crime, such as rogue trading. The legal meaning of trade monitoring differs from nation to country. Insider trading, market manipulation, unauthorised disclosure, and attempted manipulation are all examples of market surveillance in the United Kingdom. Furthermore, the rise in high-frequency related incidents has heightened global concerns about market stability and integrity which hamper the growth of the market.
COVID-19 Impact:
The continuing epidemic has caused social hardship and economic difficulties all throughout the world. Countries unemployment rates have risen as a result of the closure of industrial facilities and manufacturing units throughout the world. COVID-19 explosive consequences are pushing countries and the global economy into recession. As the COVID-19 epidemic continues, it has made it extremely difficult for an individual to invest money on a trading platform. Most trade statistics may not yet reflect the impact of the pandemic on international commerce, but certain timely and leading indicators have projected the magnitude of the slump and how it would compare to earlier crises.
The desktop segment is expected to be the largest during the forecast period
The desktop segment is estimated to have a lucrative growth, due to an increase in demand for downloaded trading platforms, which allow traders to scan and update internet trading platforms and trading positions using graphs and other indicators the current generation of traders is increasingly embracing web-based trading platforms because they find them to be dependable, efficient, and secure. Desktop trading platform, then consider the computer's processing speed, internet connection speed, and routing speed which boost the market growth.
The banking & financial institutions segment is expected to have the highest CAGR during the forecast period
The banking & financial institutions segment is anticipated to witness the highest CAGR growth during the forecast period, due to the largest share of the online trading platform market. The segment's expansion is mostly attributable to the increasing acceptance of bespoke trading software installations across banks and financial institutions. However, retail investors are expected to grow at the fastest rate during the Online Trading Platform Market Forecast period because they have access to a wealth of information but less access to information reserved for institutional investors. Furthermore, retail investment is more user-friendly and is mostly undertaken by new clients.
Region with highest share:
North America is projected to hold the highest market share during the forecast period owing to the rapidly growing due to favourable urban and modern environments. Top worldwide corporations in North America are focused on the United States, which makes a considerable contribution to the market. Moreover, the presence of key businesses such as EffectiveSoft Ltd., ETNA, Artezio LLC., Chetu Inc., TD Ameritrade Holding Corporation, and others has contributed to the region's growth.
Region with highest CAGR:
Asia Pacific is projected to have the highest CAGR over the forecast period; owing to fastest-growing regions. Banking and financial institutions in China, Japan, India, Oceania, South Korea, and Southeast Asia are increasing their investments in specialised trading platforms. There are several vendors of electronic trading platform solutions and services in these nations. Governments and businesses in Japan, South Korea, and Oceania are also supporting the use of cryptocurrencies. In the future years, the acceptance of cryptocurrencies will help to provide a variety of market possibilities for important stakeholders.
Key players in the market:
Some of the key players profiled in the Online Trading Platform Market include Interactive Brokers LLC, TradeStation Group, Inc., MarketAxess Holdings Inc., DigiFinex Limited, Charles Schwab Corporation, Huobi Group, Plus500, E-Trade, Td Ameritrade Holding Corporation, Profile Software, Empirica, EffectiveSoft Ltd., Devexperts LLC, Artezio LLC., Velvetech, LLC, Merrill Edge and Rademade Technologies
Key Developments:
In July 2023, TradeStation® Crypto Expands Trading Support for Six Additional Coins, n addition to the six newly added coins, clients will continue to have access to trade Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC), and USD Coin (USDC).
In April 2022, MSCI and MarketAxess Announce Strategic Collaboration on Liquid Fixed Income Indexes, Portfolio Construction Solutions, and ESG Data, MSCI plans to integrate MarketAxess' AI-powered pricing and liquidity measures, including Relative Liquidity Score and Tradability, into MSCI's portfolio construction analytics tools and its fixed income indexes.
Interface Types Covered:
- Web-Based
- Mobile App Based
- Desktop
Components Covered:
- Services
- Platform
Types Covered:
- Transaction Fees
- Commissions
Deployment Modes Covered:
- Cloud
- On-Premise
End Users Covered:
- Retail Investors
- Institutional Investors
- Banking & Financial Institutions
- Other End Users
Regions Covered:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
- Company Profiling
- Comprehensive profiling of additional market players (up to 3)
- SWOT Analysis of key players (up to 3)
- Regional Segmentation
- Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
- Competitive Benchmarking
- Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 End User Analysis
- 3.7 Emerging Markets
- 3.8 Impact of Covid-19
4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
5 Global Online Trading Platform Market, By Interface Type
- 5.1 Introduction
- 5.2 Web-Based
- 5.3 Mobile App Based
- 5.4 Desktop
6 Global Online Trading Platform Market, By Component
- 6.1 Introduction
- 6.2 Services
- 6.3 Platform
7 Global Online Trading Platform Market, By Type
- 7.1 Introduction
- 7.2 Transaction Fees
- 7.3 Commissions
8 Global Online Trading Platform Market, By Deployment Mode
- 8.1 Introduction
- 8.2 Cloud
- 8.3 On-Premise
9 Global Online Trading Platform Market, By End User
- 9.1 Introduction
- 9.2 Retail Investors
- 9.3 Institutional Investors
- 9.4 Banking & Financial Institutions
- 9.5 Other End Users
10 Global Online Trading Platform Market, By Geography
- 10.1 Introduction
- 10.2 North America
- 10.2.1 US
- 10.2.2 Canada
- 10.2.3 Mexico
- 10.3 Europe
- 10.3.1 Germany
- 10.3.2 UK
- 10.3.3 Italy
- 10.3.4 France
- 10.3.5 Spain
- 10.3.6 Rest of Europe
- 10.4 Asia Pacific
- 10.4.1 Japan
- 10.4.2 China
- 10.4.3 India
- 10.4.4 Australia
- 10.4.5 New Zealand
- 10.4.6 South Korea
- 10.4.7 Rest of Asia Pacific
- 10.5 South America
- 10.5.1 Argentina
- 10.5.2 Brazil
- 10.5.3 Chile
- 10.5.4 Rest of South America
- 10.6 Middle East & Africa
- 10.6.1 Saudi Arabia
- 10.6.2 UAE
- 10.6.3 Qatar
- 10.6.4 South Africa
- 10.6.5 Rest of Middle East & Africa
11 Key Developments
- 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 11.2 Acquisitions & Mergers
- 11.3 New Product Launch
- 11.4 Expansions
- 11.5 Other Key Strategies
12 Company Profiling
- 12.1 Interactive Brokers LLC
- 12.2 TradeStation Group, Inc.
- 12.3 MarketAxess Holdings Inc.
- 12.4 Ally Financial Inc.
- 12.5 DigiFinex Limited
- 12.6 Charles Schwab Corporation
- 12.7 Huobi Group
- 12.8 Plus500
- 12.9 E-Trade
- 12.10 Td Ameritrade Holding Corporation
- 12.11 Profile Software
- 12.12 Empirica
- 12.13 EffectiveSoft Ltd.
- 12.14 Devexperts LLC
- 12.15 Artezio LLC.
- 12.16 Velvetech, LLC
- 12.17 Merrill Edge
- 12.18 Rademade Technologies
List of Tables
- Table 1 Global Online Trading Platform Market Outlook, By Region (2020-2028) ($MN)
- Table 2 Global Online Trading Platform Market Outlook, By Interface Type (2020-2028) ($MN)
- Table 3 Global Online Trading Platform Market Outlook, By Web-Based (2020-2028) ($MN)
- Table 4 Global Online Trading Platform Market Outlook, By Mobile App Based (2020-2028) ($MN)
- Table 5 Global Online Trading Platform Market Outlook, By Desktop (2020-2028) ($MN)
- Table 6 Global Online Trading Platform Market Outlook, By Component (2020-2028) ($MN)
- Table 7 Global Online Trading Platform Market Outlook, By Services (2020-2028) ($MN)
- Table 8 Global Online Trading Platform Market Outlook, By Platform (2020-2028) ($MN)
- Table 9 Global Online Trading Platform Market Outlook, By Type (2020-2028) ($MN)
- Table 10 Global Online Trading Platform Market Outlook, By Transaction Fees (2020-2028) ($MN)
- Table 11 Global Online Trading Platform Market Outlook, By Commissions (2020-2028) ($MN)
- Table 12 Global Online Trading Platform Market Outlook, By Deployment Mode (2020-2028) ($MN)
- Table 13 Global Online Trading Platform Market Outlook, By Cloud (2020-2028) ($MN)
- Table 14 Global Online Trading Platform Market Outlook, By On-Premise (2020-2028) ($MN)
- Table 15 Global Online Trading Platform Market Outlook, By End User (2020-2028) ($MN)
- Table 16 Global Online Trading Platform Market Outlook, By Retail Investors (2020-2028) ($MN)
- Table 17 Global Online Trading Platform Market Outlook, By Institutional Investors (2020-2028) ($MN)
- Table 18 Global Online Trading Platform Market Outlook, By Banking & Financial Institutions (2020-2028) ($MN)
- Table 19 Global Online Trading Platform Market Outlook, By Other End Users (2020-2028) ($MN)
- Table 20 North America Online Trading Platform Market Outlook, By Country (2020-2028) ($MN)
- Table 21 North America Online Trading Platform Market Outlook, By Interface Type (2020-2028) ($MN)
- Table 22 North America Online Trading Platform Market Outlook, By Web-Based (2020-2028) ($MN)
- Table 23 North America Online Trading Platform Market Outlook, By Mobile App Based (2020-2028) ($MN)
- Table 24 North America Online Trading Platform Market Outlook, By Desktop (2020-2028) ($MN)
- Table 25 North America Online Trading Platform Market Outlook, By Component (2020-2028) ($MN)
- Table 26 North America Online Trading Platform Market Outlook, By Services (2020-2028) ($MN)
- Table 27 North America Online Trading Platform Market Outlook, By Platform (2020-2028) ($MN)
- Table 28 North America Online Trading Platform Market Outlook, By Type (2020-2028) ($MN)
- Table 29 North America Online Trading Platform Market Outlook, By Transaction Fees (2020-2028) ($MN)
- Table 30 North America Online Trading Platform Market Outlook, By Commissions (2020-2028) ($MN)
- Table 31 North America Online Trading Platform Market Outlook, By Deployment Mode (2020-2028) ($MN)
- Table 32 North America Online Trading Platform Market Outlook, By Cloud (2020-2028) ($MN)
- Table 33 North America Online Trading Platform Market Outlook, By On-Premise (2020-2028) ($MN)
- Table 34 North America Online Trading Platform Market Outlook, By End User (2020-2028) ($MN)
- Table 35 North America Online Trading Platform Market Outlook, By Retail Investors (2020-2028) ($MN)
- Table 36 North America Online Trading Platform Market Outlook, By Institutional Investors (2020-2028) ($MN)
- Table 37 North America Online Trading Platform Market Outlook, By Banking & Financial Institutions (2020-2028) ($MN)
- Table 38 North America Online Trading Platform Market Outlook, By Other End Users (2020-2028) ($MN)
- Table 39 Europe Online Trading Platform Market Outlook, By Country (2020-2028) ($MN)
- Table 40 Europe Online Trading Platform Market Outlook, By Interface Type (2020-2028) ($MN)
- Table 41 Europe Online Trading Platform Market Outlook, By Web-Based (2020-2028) ($MN)
- Table 42 Europe Online Trading Platform Market Outlook, By Mobile App Based (2020-2028) ($MN)
- Table 43 Europe Online Trading Platform Market Outlook, By Desktop (2020-2028) ($MN)
- Table 44 Europe Online Trading Platform Market Outlook, By Component (2020-2028) ($MN)
- Table 45 Europe Online Trading Platform Market Outlook, By Services (2020-2028) ($MN)
- Table 46 Europe Online Trading Platform Market Outlook, By Platform (2020-2028) ($MN)
- Table 47 Europe Online Trading Platform Market Outlook, By Type (2020-2028) ($MN)
- Table 48 Europe Online Trading Platform Market Outlook, By Transaction Fees (2020-2028) ($MN)
- Table 49 Europe Online Trading Platform Market Outlook, By Commissions (2020-2028) ($MN)
- Table 50 Europe Online Trading Platform Market Outlook, By Deployment Mode (2020-2028) ($MN)
- Table 51 Europe Online Trading Platform Market Outlook, By Cloud (2020-2028) ($MN)
- Table 52 Europe Online Trading Platform Market Outlook, By On-Premise (2020-2028) ($MN)
- Table 53 Europe Online Trading Platform Market Outlook, By End User (2020-2028) ($MN)
- Table 54 Europe Online Trading Platform Market Outlook, By Retail Investors (2020-2028) ($MN)
- Table 55 Europe Online Trading Platform Market Outlook, By Institutional Investors (2020-2028) ($MN)
- Table 56 Europe Online Trading Platform Market Outlook, By Banking & Financial Institutions (2020-2028) ($MN)
- Table 57 Europe Online Trading Platform Market Outlook, By Other End Users (2020-2028) ($MN)
- Table 58 Asia Pacific Online Trading Platform Market Outlook, By Country (2020-2028) ($MN)
- Table 59 Asia Pacific Online Trading Platform Market Outlook, By Interface Type (2020-2028) ($MN)
- Table 60 Asia Pacific Online Trading Platform Market Outlook, By Web-Based (2020-2028) ($MN)
- Table 61 Asia Pacific Online Trading Platform Market Outlook, By Mobile App Based (2020-2028) ($MN)
- Table 62 Asia Pacific Online Trading Platform Market Outlook, By Desktop (2020-2028) ($MN)
- Table 63 Asia Pacific Online Trading Platform Market Outlook, By Component (2020-2028) ($MN)
- Table 64 Asia Pacific Online Trading Platform Market Outlook, By Services (2020-2028) ($MN)
- Table 65 Asia Pacific Online Trading Platform Market Outlook, By Platform (2020-2028) ($MN)
- Table 66 Asia Pacific Online Trading Platform Market Outlook, By Type (2020-2028) ($MN)
- Table 67 Asia Pacific Online Trading Platform Market Outlook, By Transaction Fees (2020-2028) ($MN)
- Table 68 Asia Pacific Online Trading Platform Market Outlook, By Commissions (2020-2028) ($MN)
- Table 69 Asia Pacific Online Trading Platform Market Outlook, By Deployment Mode (2020-2028) ($MN)
- Table 70 Asia Pacific Online Trading Platform Market Outlook, By Cloud (2020-2028) ($MN)
- Table 71 Asia Pacific Online Trading Platform Market Outlook, By On-Premise (2020-2028) ($MN)
- Table 72 Asia Pacific Online Trading Platform Market Outlook, By End User (2020-2028) ($MN)
- Table 73 Asia Pacific Online Trading Platform Market Outlook, By Retail Investors (2020-2028) ($MN)
- Table 74 Asia Pacific Online Trading Platform Market Outlook, By Institutional Investors (2020-2028) ($MN)
- Table 75 Asia Pacific Online Trading Platform Market Outlook, By Banking & Financial Institutions (2020-2028) ($MN)
- Table 76 Asia Pacific Online Trading Platform Market Outlook, By Other End Users (2020-2028) ($MN)
- Table 77 South America Online Trading Platform Market Outlook, By Country (2020-2028) ($MN)
- Table 78 South America Online Trading Platform Market Outlook, By Interface Type (2020-2028) ($MN)
- Table 79 South America Online Trading Platform Market Outlook, By Web-Based (2020-2028) ($MN)
- Table 80 South America Online Trading Platform Market Outlook, By Mobile App Based (2020-2028) ($MN)
- Table 81 South America Online Trading Platform Market Outlook, By Desktop (2020-2028) ($MN)
- Table 82 South America Online Trading Platform Market Outlook, By Component (2020-2028) ($MN)
- Table 83 South America Online Trading Platform Market Outlook, By Services (2020-2028) ($MN)
- Table 84 South America Online Trading Platform Market Outlook, By Platform (2020-2028) ($MN)
- Table 85 South America Online Trading Platform Market Outlook, By Type (2020-2028) ($MN)
- Table 86 South America Online Trading Platform Market Outlook, By Transaction Fees (2020-2028) ($MN)
- Table 87 South America Online Trading Platform Market Outlook, By Commissions (2020-2028) ($MN)
- Table 88 South America Online Trading Platform Market Outlook, By Deployment Mode (2020-2028) ($MN)
- Table 89 South America Online Trading Platform Market Outlook, By Cloud (2020-2028) ($MN)
- Table 90 South America Online Trading Platform Market Outlook, By On-Premise (2020-2028) ($MN)
- Table 91 South America Online Trading Platform Market Outlook, By End User (2020-2028) ($MN)
- Table 92 South America Online Trading Platform Market Outlook, By Retail Investors (2020-2028) ($MN)
- Table 93 South America Online Trading Platform Market Outlook, By Institutional Investors (2020-2028) ($MN)
- Table 94 South America Online Trading Platform Market Outlook, By Banking & Financial Institutions (2020-2028) ($MN)
- Table 95 South America Online Trading Platform Market Outlook, By Other End Users (2020-2028) ($MN)
- Table 96 Middle East & Africa Online Trading Platform Market Outlook, By Country (2020-2028) ($MN)
- Table 97 Middle East & Africa Online Trading Platform Market Outlook, By Interface Type (2020-2028) ($MN)
- Table 98 Middle East & Africa Online Trading Platform Market Outlook, By Web-Based (2020-2028) ($MN)
- Table 99 Middle East & Africa Online Trading Platform Market Outlook, By Mobile App Based (2020-2028) ($MN)
- Table 100 Middle East & Africa Online Trading Platform Market Outlook, By Desktop (2020-2028) ($MN)
- Table 101 Middle East & Africa Online Trading Platform Market Outlook, By Component (2020-2028) ($MN)
- Table 102 Middle East & Africa Online Trading Platform Market Outlook, By Services (2020-2028) ($MN)
- Table 103 Middle East & Africa Online Trading Platform Market Outlook, By Platform (2020-2028) ($MN)
- Table 104 Middle East & Africa Online Trading Platform Market Outlook, By Type (2020-2028) ($MN)
- Table 105 Middle East & Africa Online Trading Platform Market Outlook, By Transaction Fees (2020-2028) ($MN)
- Table 106 Middle East & Africa Online Trading Platform Market Outlook, By Commissions (2020-2028) ($MN)
- Table 107 Middle East & Africa Online Trading Platform Market Outlook, By Deployment Mode (2020-2028) ($MN)
- Table 108 Middle East & Africa Online Trading Platform Market Outlook, By Cloud (2020-2028) ($MN)
- Table 109 Middle East & Africa Online Trading Platform Market Outlook, By On-Premise (2020-2028) ($MN)
- Table 110 Middle East & Africa Online Trading Platform Market Outlook, By End User (2020-2028) ($MN)
- Table 111 Middle East & Africa Online Trading Platform Market Outlook, By Retail Investors (2020-2028) ($MN)
- Table 112 Middle East & Africa Online Trading Platform Market Outlook, By Institutional Investors (2020-2028) ($MN)
- Table 113 Middle East & Africa Online Trading Platform Market Outlook, By Banking & Financial Institutions (2020-2028) ($MN)
- Table 114 Middle East & Africa Online Trading Platform Market Outlook, By Other End Users (2020-2028) ($MN)
